The action was taken in response to high coal inventory levels.
Coal - 23 March 2015
The White House has said that it is committed to ending government financing for most coal-fired power plants overseas.
Shares in Jindal Steel and Power Ltd were hit by concerns over the company's ability to feed its power plants after the rejection of its coal mine bids.
The Brookings Energy Security and Climate Initiative has launched a new project to focus on the changing nature of coal markets in the 21st century.